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Mission and Margin is the business of healthcare. Business of Healthcare (BOH) interviews feature innovations proven to sustainably improve healthcare. Each discussion includes a healthcare executive and innovator concentrating on the same problem. BOH has turned to Clearwater Compliance CEO Bob Chaput for his expertise on ensuring hospital cyber risks through captives and developing a hospital cyber risk management strategy.

Medical Professional Liability & Cybersecurity

Cybersecurity may be an emerging MPL risk as internet-connected biomedical devices such as infusion pumps become subject to cyber attacks. Compliance and information security expert, Jon Moore, Clearwater's Chief Risk Officer & SVP, Professional Services explains this emerging MPL risk. Leading MPL underwriter Nat Cross, Beazley's Healthcare Leader forecasts premium trends and explains key drivers.

Insurance Captives: Innovation & Cost Savings for Providers

In this interview, Michelle Johns, Chief Risk Officer of IU Health and Bob Chaput, Founder & Executive Chairman of Clearwater discuss their innovative work benchmarking risk within and between large health systems. They also explore why insurance captives have become so strategically important to innovation.

Risk Identification, Benchmarking, Role Of Insurance Captives as Innovation Leaders

Clearwater Founder & Chairman, Bob Chaput and Cleveland Clinic’s Executive Director for Enterprise Risk & Insurance discuss Cyber Risk in a new Business of Healthcare interview. Cyber risk is a Board-level concern because catastrophic losses can quickly exceed $50 million or even $100 million. They explore innovation opportunities to curtail cyber risk.

View the Latest Interviews & Podcasts

Interviews
  • Innovating to Reduce Cyber Risk
    Clearwater CEO Bob Chaput and Cleveland Clinic’s Executive Director for Enterprise Risk & Insurance discuss Cyber Risk in a new Business of Healthcare interview. Cyber risk is a Board-level concern because catastrophic losses can quickly exceed $50 million or even $100 million. They explore innovation opportunities to curtail cyber risk such as more efficient risk identification, benchmarking opportunities, and the role of insurance captive as innovation leader. See www.BOHSeries.com.
  • Why Manage Cyber Risk through an Insurance Captive?
    We explore Cady’s use of an insurance captive to manage and transfer cyber risk and Clearwater CEO Bob Chaput’s in-depth understanding, perhaps greater than any expert I have spoken with, of how health systems should identify, manage, and avoid cyber risk. Visit www.BOHSeries.com.
Podcasts

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Bob Chaput

MA, CISSP, HCISPP, CRISC, CIPP/US Founder & Executive Chairman at Clearwater
Bob Chaput is the Founder and Executive Chairman of the Board of Clearwater Compliance, a top-ranked, award-winning provider of healthcare cyber risk management solutions, endorsed by numerous state hospital associations. As a leading authority on healthcare cybersecurity and enterprise cyber risk management, Chaput has supported hundreds of hospitals and health systems, including Fortune 100 organizations and other federal government institutions, with cyber risk management. Chaput’s certifications include the Certified Information Systems Security Professional (CISSP), Health Care Information Security and Privacy Practitioner (HCISPP), Certified in Risk Information Security Controls (CRISC), and Certified Information Privacy Professional/US (CIPP/US). He is a member of ACHE, CHIME, AEHIS, HIMSS, HCCA, ISC2, HIMSS, ISACA and ISSA. Chaput also serves on the HealthCare’s Most Wired™ Survey Governance Board and was a contributing co-author to an American Society of Healthcare Risk Management (ASHRM) academic textbook on the fundamentals of risk management released in October 2017. Under his leadership, Clearwater was designated 2018’s Best in KLAS for cybersecurity advisory services and ranked Top Compliance and Risk Management Solution by Black Book Market Research in 2017, 2018 and 2019.